High-Performance Work Systems Typically Use Competency-Based Pay Because Employees ________

question 83

Multiple Choice

High-performance work systems typically use competency-based pay because employees ________.

• A) participate in training and development workshops
• B) receive frequent performance appraisals
• C) rotate among different jobs
• D) need technical skills

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Definitions:

Sarbanes-Oxley Act

A law passed in 2002 aimed at protecting investors from fraudulent accounting activities by corporations.

Public Company Accounting Oversight Board

A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports.

SEC Oversight

Regulatory oversight exercised by the Securities and Exchange Commission, aiming to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Short-Swing Profits

Profits made from the sale of company stock within any six-month period by a statutory insider.